Japan Financial News

Japanese public company Metaplanet, often referred as ‘Asia’s MicroStrategy,’ has amassed fresh round of Bitcoins (BTC) on Tuesday.

TikTok star Bella Thomson also known as Bella Brave has passed away at the age of 10, New York Post reported quoting her mother Kyla Thomson. Bella Thomson has died peacefully at 4.19 pm (ET) on July 14, Kyla posted on social media. She also posted a video of joyful Bella. Bella was born in 2013 as Isabella Thomson. She suffered from multiple health issues such as Hirschsprung's disease, dwarfism, combined immunodeficiency.

Bitcoin (BTC), the world’s most valuable cryptocurrency, began the new week with significant bullish momentum, surging past the $62,000 mark. This recent uptick in BTC’s price has reignited interest in Bitcoin price predictions.

British luxury fashion house Burberry has appointed Joshua Schulman as its new chief executive officer

The recent hack of Japanese crypto exchange DMM Bitcoin is reportedly having ties with the notorious North Korean Lazarus Group. According to on-chain sleuth ZachXBT, the heist is similar to the laundering techniques exhibited by the infamous Group.

The third season of the terrific show “The Bear" blends family dysfunction with the ups and downs of high-end restaurants. With markets chasing new highs—get out those Dow 40000 hats—this column is about a different kind of dysfunctional beast. Is the market bear dead, or is it about to sneak up on us? A U.S.

renewable energy has been going through a dry patch. Generation from solar farms roughly tripled between 2018 and 2023, while the output of wind turbines almost doubled. That provided enough extra clean energy to power Japan and Russia, put together. Meanwhile, the hydroelectric dams that generate about one-seventh of the world’s electricity stood still: The additional 52 terawatt-hours in 2023 was only enough to fuel Greece. That’s not overly surprising. Hydro’s problems resemble those of the other veteran form of clean power, nuclear. Unlike wind and solar, it’s been an established technology for decades, so much of its growth potential has already been exploited. Like nuclear, it’s dependent on the building of costly and time-consuming projects to move forward, and shows little sign of reducing its (already low) costs. Compounding the problems, a two-year drought connected to the La Niña climate cycle during 2022 and 2023 caused a collapse of generation in China, home to about a third of the world’s hydro dams.

Asian stocks were mixed as the US dollar rose after the attempted assassination of Donald Trump reinforced bets that his chances of winning the presidential election have increased. A Bloomberg gauge of the greenback’s strength against major peers climbed 0.2% in Asia while S&P 500 contracts were little changed. US Treasury futures fell, indicating yields will rise when cash trading begins in London. Cash trading of US bonds is closed in Asia due to a holiday in Japan.

dollar firmed on Monday as investors wagered the attack on U.S. presidential candidate Donald Trump made his victory more likely, while injecting a whole new level of political uncertainty into markets. A holiday in Japan made for thin trading conditions and the early action was confined to a modest rise in the dollar while Treasury futures slipped.

Domestic markets gained for the sixth consecutive week, driven by robust earnings from IT companies. The first quarter earnings will be a key focus this week as numerous heavyweights including Infosys, Reliance, Kotak Mahindra Bank will announce their results. Additionally, analysts said pre-budget discussions are expected to contribute to market volatility.

Donald Trump at an election rally on Saturday in which the former U.S. president was wounded in the ear: INDIAN PRIME MINISTER NARENDRA MODI ON X «Deeply concerned by the attack on my friend, former President Donald Trump. Strongly condemn the incident. Violence has no place in politics and democracies. Wish him speedy recovery. Our thoughts and prayers are with the family of the deceased, those injured and the American people.»

Bitcoin’s price fell to a four-month low on Friday after Japanese crypto exchange Mt. Gox transferred $2.7b worth of the crypto to a new wallet. The exchange also started paying back creditors, and there were more sales as leveraged traders played it safe due to market uncertainty.

Mt. Gox, the Japanese Bitcoin exchange that suffered a notorious collapse in 2014, has started distributing repayments to its creditors in the form of Bitcoin and Bitcoin Cash today.

Japan’s Nikkei 225 benchmark has closed at a fresh record high of 40,913.65, pushing past its most recent record close set in March

Shohei Ohtani remained the top-selling jersey during the first half of the season, followed by Bryce Harper and Aaron Judge

US shares touched a fresh peak as economic data supported the case for Federal Reserve rate cuts. A gauge for equities in the region gained for a fifth straight session as Japan’s Topix hit a record intraday high and shares in South Korea and Australia advanced. The S&P rose 0.5% and the Nasdaq climbed 0.9% to both set new highs Wednesday in a shortened session ahead of a US holiday. Contracts for US equities were steady in early Asian trading.

IT companies will be in focus as bellwether TCS will report its first quarter earnings. «We expect the market to consolidate in the higher zone and any dip is a buying opportunity for long-term investors. Corporate earnings will start tomorrow with TCS first to announce numbers. Thus, the IT sector is expected to remain in focus,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal

Bitcoin has been experiencing a volatile period marked by major price fluctuations. Amid this market fluctuation, Japanese investment firm Metaplanet has made headlines with its recent acquisition of $2.4 million in Bitcoin .

NATO alliance and friendly countries across the world, in particular those in the Indo-Pacific region, the White House said on Monday, on the eve of the crucial NATO summit here. Leaders from 38 different countries have gathered in Washington for a historic summit to mark the 75th anniversary of the first NATO summit. This includes the leaders of all NATO allies as well as NATO partners, including Ukraine, Japan, New Zealand and the Republic of Korea. «The president has also strongly encouraged greater partnerships between the NATO alliance and friendly nations around the world, particularly in the Indo-Pacific, as you will see. The president knows that the global threats and challenges that we all face, including from authoritarian actors and terrorist organisations, are inextricably linked,» John Kirby, White House National Security Communications Advisor, told reporters at a news conference here. «He has also encouraged our NATO allies to join him in making significant investments in our mutual defence and deterrence capabilities. When the Biden-Harris administration took office, only nine NATO allies were spending at least 2 per cent of their gross domestic product on defence — 2 per cent was the Wales pledge,» he said.

Kim Yo Jong, the sibling of North Korean leader Kim Jong Un, described the recent live-fire drills conducted by South Korea as «suicidal hysteria» and vowed to take military action without giving details. Her warning came after two weeks of tense land and sea border shooting drills between South Korea and North Korea. After South Korea halted a 2018 deal meant to lower military tensions on the front lines, these were the first drills of that kind, as per the reports of Yahoo News.

U.S. health officials have approved a new Alzheimer’s drug that can modestly slow the disease